Shares post near 6-week closing low

25 July 2017 12:01 am - 0     - {{hitsCtrl.values.hits}}


REUTERS: Sri Lankan shares fell for the sixth straight session yesterday to post a near six-week closing low, but brokers said the slide is slowing down.
The Colombo stock index fell just 0.08 percent to 6,664.12, but it marked the lowest close since June 13, and its ninth fall in 10 sessions.

“The market came down over the last few days due to profit taking, but it looks like the profit taking has come to an end and the market is consolidating at these levels,” said First Capital Holdings Head of Research Dimantha Mathew.

Foreign investors bought shares worth a net Rs.195.5 million yesterday, extending the year-to-date net foreign inflow to Rs.25 billion.

Turnover was Rs.502.6 million, less than this year’s daily average of around Rs.907 million.
Shares of Hemas Holdings PLC fell 1.8 percent while Ceylon Cold Stores PLC closed 1.14 percent weaker. 


  Comments - 0

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment

Kidneys that whisper death

A flute version of Beethoven’s ‘Für Elise’ was echoing from a distance

Burning Panamanian tanker leaves SL authorities gutted

Weeks after MV Wakashio, a Japanese-owned bulk carrier, ran aground a coral r

New Diamond on Fire

The fire has been contained, now where will the oil go?


To have received her son’s death certificate on the day she brought him to